Cameroon dishes out 30 bn FCfa to 31 companies

In a joint announcement published on February 25, 2015, Cameroon’s Economy and Finance Ministers released a list of 31 public companies and organisations that will receive “rehabilitation resources” in keeping with “plan contracts” signed with the government.

These companies and organisations will receive a total allocation of 30 billion FCFA.

The donations range from 100 million FCFA for the National Veterinary Laboratory (Lanavet) to 6 billion FCFA for Cameroon Water Utilities (Camwater), the state entity responsible for the construction and maintenance of drinking water infrastructure.


Sectors (incomplete):


• Health: 10 billion FCFA

• Water: 6 billion FCFA


• Agriculture: 6 billion FCFA


• Construction: 3.5 billion FCFA